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Clients are building a midrise apartment community in San Diego. Below are the unit sizes and prices they are proposing at the site (for first floor units). Given that the building will be 7 stories high and we can expect each floor to generate a 1% premium for views, what will the unit prices be on the 7th floor? What is the overall weighted average? Unit Size (SF) 1st Floor sth Floor 7th Floor [Overall Average # of Units 40 500 $1,800 бо 750 $2,200 30 $2,800 1100 20 1300 $3,500 Total/Average: 150 827 s2,387

Clients are building a midrise apartment community in San Diego. Below are the unit sizes and prices they are proposing at the site (for first floor units). Given that the building will be 7 stories high and we can expect each floor to generate a 1% premium for views, what will the unit prices be on the 7th floor? What is the overall weighted average? Unit Size (SF) 1st Floor sth Floor 7th Floor [Overall Average # of Units 40 500 $1,800 бо 750 $2,200 30 $2,800 1100 20 1300 $3,500 Total/Average: 150 827 s2,387

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Clients are building a midrise apartment community in San Diego. Below are the unit sizes and prices they are proposing at the site (for first floor units). Given that the building will be 7 stories high and we can expect each floor to generate a 1% premium for views, what will the unit prices be on the 7th floor? What is the overall weighted average? Unit Size (SF) 1st Floor sth Floor 7th Floor Overall Average # of Units 40 500 $1,800 бо 750 $2,200 30 $2,800 1100 20 1300 $3,500 Total/Average: 150 827 s2, 387
Transcribed Image Text:Clients are building a midrise apartment community in San Diego. Below are the unit sizes and prices they are proposing at the site (for first floor units). Given that the building will be 7 stories high and we can expect each floor to generate a 1% premium for views, what will the unit prices be on the 7th floor? What is the overall weighted average? Unit Size (SF) 1st Floor sth Floor 7th Floor Overall Average # of Units 40 500 $1,800 бо 750 $2,200 30 $2,800 1100 20 1300 $3,500 Total/Average: 150 827 s2, 387
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